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MSME Schemes State: All India
Active / Open

MSME ASPIRE Scheme

Implementing Ministry: Ministry of Skill Development & Entrepreneurship
Implementing Agency: NSDC
Launch Date: 15 Aug 2016
Valid Through: 31 Dec 2027

About the Program

ASPIRE funds technology business incubators, livelihood business incubators, and promotes entrepreneurship among technical and ITI graduates in rural clusters.

Eligibility & Beneficiary Profile

Target Beneficiary:

All Technical Candidates

Detailed Eligibility Requirements:

ITI graduates, technical technicians, MSMEs, and entrepreneurs.

Benefits Offered

Grants and support to set up livelihood business incubation centers. Stipends vary based on employer, trade, location, apprenticeship category, and applicable government guidelines.

Required Documents

Aadhaar Card, ITI Marksheet/Certificate, Bank Passbook, Passport Size Photos

Process & Selection Criteria

Selection Process:

Direct Merit / Online Registration

How to Apply:

Submit proposals through the MSME ASPIRE portal or regional MSME-DI offices.

Common Questions & FAQs

Q: Who is eligible for this scheme?

A: All technical ITI candidates matching age and trade parameters can apply.

Q: Are there any fees?

A: No, government skill schemes are 100% free of charge.

✔ Verified Program

Status: Active & Authenticated
Verification Date: 27 Jun 2026
Last Reviewed: 27 Jun 2026
Confidence Level: High
Verification is based exclusively on official Government gazettes, ministries, and NAPS/NATS resources.

Support & Helpline

Official Helpline: 1800-123-4567
Contact Email: support-msde@gov.in

Official Resources

🌐 Official Program Website ↗ 📖 Read Official Guidelines ↗ 📥 Download Guidelines PDF 📥
Official Portal Access

Submit your application directly through the official Government portal.

Apply on Official Portal ↗